Figma Shares Indicated To Open $105/$110
In recent trading activity, William C. Zint, the Senior Vice President and Chief Financial Officer of Deluxe Corp (NYSE:DLX), acquired 175 shares of the company’s common stock. The transaction, executed on March 12, 2025, was made at a price of $15.95 per share, totaling approximately $2,791. According to InvestingPro data, this purchase comes as the stock trades near its 52-week low of $15.13, with technical indicators suggesting oversold conditions. This purchase was conducted under a pre-established 10b5-1 trading plan, which Zint adopted on December 11, 2023. Following this acquisition, Zint’s total direct ownership in Deluxe Corp stands at 21,902 shares. The company maintains impressive financial metrics, including a 53% gross profit margin and a notable 7.7% dividend yield, having maintained dividend payments for 55 consecutive years. InvestingPro analysis reveals 10+ additional investment insights available for subscribers, including detailed valuation metrics and growth forecasts.
In other recent news, Deluxe Corporation reported its fourth-quarter 2024 earnings, surpassing expectations with an earnings per share (EPS) of $1.18, compared to the forecasted $0.83. Despite a 3.2% decline in revenue to $2,122 million, the company demonstrated resilience by improving its adjusted EBITDA by 3.9% to $406 million. Deluxe has also projected stable revenue and EPS growth for 2025, indicating confidence in its future performance. In a strategic move, Deluxe appointed Morgan M. Schuessler, a seasoned expert in payments and financial technology, to its Board of Directors. Schuessler’s extensive experience is expected to support the company’s growth in the payments sector. Furthermore, Deluxe has launched new products such as the Deluxe Payment Platform, enhancing its competitive edge. Analyst firms have noted these developments, with some projecting continued growth in Deluxe’s merchant and B2B segments. These recent developments highlight Deluxe’s focus on innovation and strategic growth in a challenging market environment.
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